Woodward (WWD) Receives a Hold from Cowen & Co.


In a report released today, Gautam Khanna from Cowen & Co. maintained a Hold rating on Woodward (WWD), with a price target of $87. The company’s shares opened today at $85.

According to TipRanks.com, Khanna is a 4-star analyst with an average return of 8.6% and a 57.5% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and Vista Outdoor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Woodward with a $87 average price target, implying a 2.4% upside from current levels. In a report issued on January 22, Credit Suisse also maintained a Hold rating on the stock with a $82 price target.

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Woodward’s market cap is currently $4.76B and has a P/E ratio of 27.32. The company has a Price to Book ratio of 3.09.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is neutral on the stock. Most recently, in December 2018, Christopher Fawzy, the VP, Gen Counsel & Corp Sec of WWD sold 3,000 shares for a total of $255,000.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Woodward, Inc. engages in the provision of control system solutions and components for the aerospace and industrial markets. It operates through the Aerospace and Industrial segment. The Aerospace segment designs, manufactures, and services systems and products for the management of fuel, air, combustion and motion control.

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